Filed October 28, 2024
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,639 | $76,551-52.1% | $123,894-70.4% | $62,881-41.7% |
| Participation rate | 100.0% | 73.0%+27.0pp | 81.4%+18.6pp | 69.3%+30.7pp |
| Annual return | 10.40% | 18.68%-8.3pp | 47.52%-37.1pp | 20.14%-9.7pp |
| Employer contribution / active EE | $3,105 | $2,882+7.7% | $4,617-32.8% | $2,281+36.1% |
| Participant deferral / active EE | $8,386 | $4,840+73.3% | $5,984+40.1% | $3,203+161.8% |
| Admin fee / account holder | $3,078 | $4,826-36.2% | $8,357-63.2% | $4,296-28.4% |